Required minimum distributions (RMDs) are a way for the IRS to ensure it receives some money after allowing you to deduct ...

If anything can be blamed for creating chaos in the world of required minimum distributions (RMDs), it’s COVID-19. In response to the financial disruption caused by the pandemic – and in hopes of ...

Based on the letters I’ve received from frustrated readers, clarity and relief are now here. On Feb. 28, the IRS released its official final version of Publication ...

If you turned 72 in the second half of 2021 and did not take your first RMD last year, you will need to do so by the April 1 deadline. Some people wait until the last minute to take care of things. If ...

What are RMDs anyway, and how are the required amounts determined? According to the IRS, you cannot keep retirement funds in your tax-favored account indefinitely. As a rule, you must start taking ...

Unfortunately, since the new tables were finalized so late in 2020, they were not applicable in the beginning of 2021 as scheduled. The IRS pushed off their effective date for an additional year to ...

April 1 is just around the corner (and so is April 18, this year’s tax filing date for most people — see tinyurl.com/4dkhksaa for more details). Time flies — it ...

You may not have to take a required minimum distribution (RMD) if you're under 73, or if the account meets certain criteria.

In 2016, I deployed a new DGI portfolio alongside an ETF portfolio for retirement income going forward. Both portfolios use an RMD withdrawal strategy. After 6 years, the RMD withdrawal method still ...